Make them keep their loans in the portfolio. Don't have them securitizing much.
Barney Frank
The Public Record
Barney Frank is a former U.S. Representative from Massachusetts, serving from 1981 to 2013. A member of the Democratic Party, he was known for his progressive stance on various issues, including financial regulation and LGBT rights. Frank played a significant role in the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which aimed to prevent the kind of financial crisis that occurred in 2008. He was also one of the first openly gay members of Congress, advocating for LGBTQ+ rights throughout his career.
What the law says is you may have to pay some of their debts, as Ronald Reagan recognized in 1984 with Continental Illinois.
I look forward to congratulating you, Mr. Chairman, on a fourth anniversary coming up.
The Consumer Financial Protection Bureau is up and running, already returning $4.6 billion to 15 million consumers.
Dodd-Frank... provided oversight to Wall Street, gave regulators the tools to end the era of too-big-to-fail entities.
I do think that the complexity issue of the Volcker Rule and the push-outs help.
I have to say Chris Dodd is not the whole Senate, so there were things that I don't like that he didn't like.
Small businesses account for nearly 85 percent of Ex-Im Bank's transactions.
It was not his intent that asset managers be designated for heightened prudential standards or supervision by the Federal Reserve Board because they do not pose a systemic risk.
SIFFY, as with all due respect some people, including on the committee, have pronounced it, sounds like a disease.
It just seems to me a listing of possible horror stories with no indications that there was any significant likelihood of any of it happening.





